Shares of HPCL, BPCL, IOC open in green despite market sell-off – Here’s why
Mumbai: Shares of state-run Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) opened hire on Friday, March 27, 2026 despite benchmark indices Sensex and Nifty tumbling in early trade after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. The 30-share BSE Sensex tanked 926.92 points to 74,346.53 in early trade, while the 50-share NSE Nifty dropped 280.95 points to 23,025.50. The shares of these oil marketing companies (OMCs) opened higher, tracking the excise duty cut of Rs 10…